UK financial watchdog extends registration deadline for some crypto firms By Cointelegraph

The Financial Conduct Authority, the United Kingdom’s financial regulator, has extended the temporary registration status of some firms offering crypto services beyond its Friday deadline.

In a Tuesday statement, the FCA said “a small number of firms” in the crypto space will continue to have temporary registration status in the United Kingdom “where it is strictly necessary.” The financial regulator reiterated that temporarily exempting the crypto firms from its previously announced Friday deadline “does not mean that the FCA has assessed them as fit and proper” but included situations in which a company “may be pursuing an appeal” or was still in the process of winding down operations.